Analysis: #NYSE $HEXO

Case 477 #HEXO Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#HEXO 1/4
Chart 1
Weekly Chart: A new all time low was recorded at 0.3455 on Mar. 2020 and a lower at 0..2540 is a possibility as resistances are layered and firm. The immediate resistance is the July 2017 #pivot at 1.2500, then 1.6626 with a close/hold above .....

HEXO 2/4
..... control at 2.786 required to tackle the #resistance zone 3.1700- 3.4223 - expect a bit of a tussle (short sellers and profit taking) but should eventually target synthetic resistance sloping at 4.1222.

HEXO 3/4
Chart 2
Daily Chart: The #Strategy is printed on the image.

$HEXO 4/4

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More from @malteseinvest

17 Sep
Analysis: #NASDAQ

Case 480 #FuelCell Energy Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#FCEL 1/4 Image
Chart 1
Daily Chart: Conditions have been trading in the tight rising channel since the beginning of the year. Immediate #resistance lies at the #SMA 50 at 2.70 then Aug. 2020 #pivot at 3.71. A close/hold above the channel top at 3.73 will target .....

FCEL 2/4
..... synthetic resistance at 4.82, then 5.71. To the downside, good #support is seen at the SMA 200,currently riding the Dec. 2019 #trendline approximately at 2.06/04, farther down strong support 1.26/04.

FCEL 3/4 Image
Read 4 tweets
17 Sep
Analysis: #NASDAQ

Case 479 #XerisPharmaceuticals Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#XERS 1/4 Image
Chart 1
Weekly Chart: Price is attempting to gain a foothold above the #SMA 50 immediate resistance at 7.72 for 9.37- 10.01 (Mar. 2019 #pivot) with a break above the latter running into the major #resistance zone of 13.60-15.82. To the .....

XERS 2/4
..... downside, #support is seen at 4.19/00 then the Apr. 2020 #trendline at 3.26/29 and farther down the Apr. 2020 pivot at 1.95.

XERS 3/4 Image
Read 4 tweets
15 Sep
Analysis: #NASDAQ $MRNS

Case 476 #MarinusPharmaceuticals Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#MRNS 1/4
Chart 1
Weekly Chart: Since trading to the lowest low of 0.77 in July 2019, conditions have been restricted to a tight range, the inability to trade above the #SMA 200 shows a lack of interest by bulls. Price needs to close above a minimum of 4.25 (Aug. 2015 .....

MRNS 2/4
..... #trendline). Minor #resistance appears around 5.77- 6.40 with a close/hold above the latter targeting 8.16. #Support begins at 2.40/20 with much greater demand around 1.35. Farther down Dec. 2016 trendline at 0.74 and balance point at 0.50.

MRNS 3/4
Read 4 tweets
15 Sep
Analysis: #NASDAQ $IRDM

Case 475 #Iridium Communications Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#IRDM 1/4
Chart 1
Weekly Chart: Trading conditions have been confined to a triangle, #momentum has also stalled. Sustained breaks below 27.46 will target 26.64- 25.72 below there the Mar. 2020 trendline at 24.60. Firm #support is seen around 21.28- 20.80. To the upside .....

IRDM 2/4
..... a close above 30.82 is required to target the balance point at 33.71, farther up the April. 2019 #trendline at 34.76.

IRDM 3/4
Read 4 tweets
14 Sep
Analysis: #NASDAQ $EVFM

Case 474 #EvofemBiosciences Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#EVFM 1/4
Chart 1
Attachment 1
Weekly Chart: Price broke below the 2 year triangle and stopped just short of the Sept. 2017 #pivot at 2.01, below that the all time low of 1.79. We note buying interest at 1.10, 0.86 and 0.59. Immediate #resistance begins at .....

EVFM 2/4
..... the broken July 2018 trendline sloping at 3.90 then the Jan. 2018 #trendline at 6.64. Farther up the #confluence of the control point and #Fib 0.50 at 7.33/34 with a close above the latter targeting the balance point at 12.06.

EVFM 3/4
Read 4 tweets
14 Sep
Analysis: #NASDAQ $ISRG

Case 473 #Intuitive Surgical Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ISRG 1/4
Chart 1
Weekly Chart: A good recovery was seen off the Mar. 2020 lows with price closing strongly above the Oct. 2018 trendline. #Momentum is still positive but is currently stalling and sustained closes below the July 2020 #pivot at 685.44 should .....

ISRG 2/4
..... target the #trendline turned #support, sloping at 638.71. To the upside the first target is 849.11 with synthetic #resistance at approximately 820.00, farther up the main objective at 972.47.

ISRG 3/4
Read 4 tweets

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